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the world. the u.s. and russia come face-to-face as john kerry gears up to meet the foreign russian minister in paris. >>> china is set for an ambitious target at 7.5% gdp this year, defying expect ages of lower forecasts. this is the national people's congress gets under way in beijing. >>> standard chartered shares jump despite posting a drop unanimousul profit. the lender says its current performance momentum is better dhan last year. the lender slashes its fwoenus pool by 15%. >>> and today's u.s. adp report could show hiring in the u.s. sector slowed last month. this as winter weather continues to have the job growth. >> you're watching "worldwide exchange," bringing you business news from around the globe. >>> more cautious sentiment as far as the european markets are concerned this morning, despite ongoing signs of improvement of dialogue as far as the ukrainian/russia situation is concerned. pretty evenly split on the stoxx europe 600 this morning. you did see a contraction as far as the french services pmi. the concern, at an eight-month low there. the best data seen in germany sinc
of state john kerry touches down in kiev later today. >>> negotiations with the imf are under way as ukraine seeks to shore up its finances. ukraine's prime ministers are in a dire state. >> we need to quickly design and implement the austerity program. >>> in corporate new, glencore xstrata beats forecasts. >>> and president obama focuses his attention back on domestic issues as he prepares to unveil his fiscal 2016 budget plan today at 11:30 eastern. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >>> welcome to "worldwide exchange." a very different picture behind me compared with the start of the show in yesterday's session. 9/1 greens to red these morning taking the stoxx europe 600 up 1 is.2%. as you can see, the picture very volatile this morning. what we have heard is that russian troops have been removed from the border. exercises that they were completing on the western boundary of russia, being seen by the markets as a concession, as lowering sentiment and danger surrounding the situation in crimea at the moment. as
. this is a declaration of war by vladimir putin. u.s. secretary of state john kerry condemning russia's actions and will travel to kiev tomorrow for talks with the new ukrainian government. >> president putin is using force in a completely inappropriate manner. fears he's going to lose on the international stage. russia is going to lose. >> steve, it's the one possible benefit of seeing russian aggression here, but actually, it could boost popular support for the new ukrainian government. >> i'm not sure about that, julia. i think this is a country that's split top to bottom, east to west, north to south. the russians invaded crimea. it is the russian troops in force with a lot of military hardware. because they said and putin said with the backing on the russian parliament they were defending the interest of russian speakers, just to remind viewers, crimea was russian. 58% of the minimum of the population believe themselves to be russian. it's a similar story in the east of the country, as well. i don't know if you can hear behind me, we've got pro government demonstrations behind me and pro r
.s. secretary of state john kerry says the crisis in the ukraine doesn't need to lead to conflict between the kremlin and europe. william hague urged all parties to cooperate. >> this is not a zero sum game. it is not a west versus east, it should not be. it is not russia or the united states or other choices. this is about people of ukraine and ukrainians making their choice about their future. >> meanwhile russia's foreign minister said that aid to ukraine should only be provided to "legitimate ukrainian authorities." we're joined by jim from moscow. it may not be a zero sum game as far as kerry is concerned but it is as far as vladimir putin's concerned, isn't it? he's been incredibly silent over the last two weeks. what's going on with him here? >> reporter: that's right. what happens next will obviously be very much dependent on what vladimir putin does next, and so far we simply haven't heard from the guy. he had a meeting yesterday with his top security council but no information came out of that and i think that this is really what's driving the uncertainty about what russia does
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